Tenet Healthcare Corporation (THC) — Financial Flexibility Index

Latest as of March 2026: 0.08x

Tenet Healthcare Corporation (THC) has a Financial Flexibility Index of 0.08x as of March 2026. Free cash flow of $1.82 Billion (operating CF $1.64 Billion minus capex $180.00 Million) represents 0% of total liabilities ($22.35 Billion). Also explore Tenet Healthcare Corporation net asset momentum to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

0.08x
Free Cash Flow / Total Liabilities

Free Cash Flow

$1.82 Billion
Operating CF − Capex

Total Liabilities

$22.35 Billion
USD

Capital Expenditures

$180.00 Million
USD

Tenet Healthcare Corporation Financial Flexibility Index (1988–2025)

Historical Financial Flexibility Index trend for Tenet Healthcare Corporation across 38 annual periods. Check Tenet Healthcare Corporation (THC) strategic investment index to assess the company's strategic physical and investment asset allocation.

Annual Financial Flexibility Index for Tenet Healthcare Corporation (1988–2025)

Year-by-year free cash flow to debt coverage for Tenet Healthcare Corporation. For the full company profile including market capitalisation, see Tenet Healthcare Corporation market cap and net worth.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 0.22x $4.55 Billion $3.54 Billion $20.70 Billion ▲ +50.5%
2024 0.15x $2.98 Billion $2.05 Billion $20.39 Billion ▲ +6.6%
2023 0.14x $3.12 Billion $2.37 Billion $22.80 Billion ▲ +67.5%
2022 0.08x $1.84 Billion $1.08 Billion $22.55 Billion ▼ -14.3%
2021 0.10x $2.23 Billion $1.57 Billion $23.32 Billion ▼ -41.4%
2020 0.16x $3.95 Billion $3.41 Billion $24.22 Billion ▲ +83.0%
2019 0.09x $1.90 Billion $1.23 Billion $21.36 Billion ▲ +8.6%
2018 0.08x $1.67 Billion $1.05 Billion $20.30 Billion ▼ -9.7%
2017 0.09x $1.91 Billion $1.20 Billion $20.98 Billion ▲ +34.6%
2016 0.07x $1.43 Billion $558.00 Million $21.23 Billion ▼ -26.1%
2015 0.09x $1.87 Billion $1.03 Billion $20.46 Billion ▼ -4.4%
2014 0.10x $1.62 Billion $687.00 Million $16.95 Billion ▲ +12.0%
2013 0.09x $1.28 Billion $589.00 Million $15.01 Billion ▼ -39.5%
2012 0.14x $1.10 Billion $593.00 Million $7.81 Billion ▲ +0.9%
2011 0.14x $972.00 Million $497.00 Million $6.95 Billion ▼ -1.5%
2010 0.14x $948.00 Million $472.00 Million $6.68 Billion ▲ +16.9%
2009 0.12x $881.00 Million $425.00 Million $7.26 Billion ▲ +29.8%
2008 0.09x $755.00 Million $208.00 Million $8.07 Billion ▼ -26.1%
2007 0.13x $1.05 Billion $326.00 Million $8.34 Billion ▲ +478.4%
2006 0.02x $181.00 Million $-462.00 Million $8.28 Billion ▼ -85.7%
2005 0.15x $1.34 Billion $763.00 Million $8.79 Billion ▲ +167.5%
2004 0.06x $476.00 Million $-82.00 Million $8.35 Billion ▼ -73.5%
2003 0.22x $1.71 Billion $838.00 Million $7.94 Billion ▼ -46.0%
2002 0.40x $3.20 Billion $2.31 Billion $8.03 Billion ▲ +29.0%
2001 0.31x $2.45 Billion $1.82 Billion $7.92 Billion ▲ +84.3%
2000 0.17x $1.53 Billion $869.00 Million $9.10 Billion ▼ -15.3%
1999 0.20x $1.82 Billion $582.00 Million $9.19 Billion ▲ +13.7%
1998 0.17x $1.62 Billion $403.00 Million $9.28 Billion ▲ +82.4%
1997 0.10x $810.00 Million $404.00 Million $8.48 Billion ▼ -3.7%
1996 0.10x $565.00 Million $195.00 Million $5.70 Billion ▼ -65.1%
1995 0.28x $1.69 Billion $-7.00 Million $5.93 Billion ▲ +103.5%
1994 0.14x $332.00 Million $147.00 Million $2.38 Billion ▲ +0.0%
1993 0.14x $332.00 Million $147.00 Million $2.38 Billion ▼ -52.8%
1992 0.30x $717.00 Million $398.00 Million $2.42 Billion ▼ -22.6%
1991 0.38x $980.00 Million $559.00 Million $2.56 Billion ▼ -10.1%
1990 0.43x $978.00 Million $600.00 Million $2.30 Billion ▲ +20.9%
1989 0.35x $898.00 Million $448.00 Million $2.55 Billion ▲ +29.8%
1988 0.27x $753.00 Million $365.00 Million $2.78 Billion
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities